Marxism and The Russian Revolution

Marxism and The Russian Revolution

An Insight Into the October Revolution and the Ideology of Communism

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Author: Andreas Tschongarow
Publisher: GD Publishing
Length: 28 page(s)
Language: English
Written: Apr 2014
Verkaufsrang: - XinXii Verkaufsrang
Views: 122

Category: Sciences & Research » Economics  |  Work: Hausarbeit
Keywords: Karl Marx, Russian Revolution, October Revolution, Lenin, Communism, Capitalism, Russian Czar, working class, poor and rich

An Insight Into the October Revolution and the Ideology of Communism

The theory of Marxism is based on the ideas of Karl Marx, yet, in order to completely understand Marxism, it is important to comprehend its opposite—capitalism. Capitalism characterizes the economic system that is applied to almost every country of the western hemisphere in today’s world. In Marx’s view, this particular system is based on private ownership, and the power of huge businesses and their profits. He said that these corporations are not owned by the people who work for them, but by the wealthy owners only. Based on that view, he described capitalism as the system that divides the society into two sections: the poor and the rich. Marx disliked the idea of profit, and above all, he tackled the vast exploitation of the working people. Factories did not want to pay the working class well, since that would mean that the profit margin shrinks. Eventually, the Industrial Revolution promoted capitalistic thinking, which Marx would call “The Capitalist Ideology.”
His theories and ideas became the source of many revolutionary movements throughout the history, and one of the most significant is the Russian Revolution in the beginning of the 20th century.


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